- Yi: + 64.71
- Attempting to bottom out: SPXU
- Extremely oversold: GIS
- Oversold: CPB
- Trying to hold some rising trend line support: DD
- Trying to hold some falling trend line support: D
- Attempting to hold the 28: LIN, $PLAT, TSLA
- Attempting to hold the 65: GLW, NCR, PPLT
- Up against the 28: MAIN
- Moderately overbought: MET, $USD, XRX
- Overbought: DELL, $XOI
- Toppy: CAT, CSCO, IBM
- ABEWISUF: BAC, $BTCUSD, C, TSM
- Anything posted may be off base.
For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
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